Question
You determine in the marketplace that the average price for milk is R 14 per litre and that the farmer gets R 7 per litre
You determine in the marketplace that the average price for milk is R 14 per litre and that the farmer gets R 7 per litre on the farm. The Melck-family wants to achieve a constant mark-up on cost of 20 %. What must be the cost price of the milk on the farm?
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Personal Finance Building Your Future
Authors: Robert Walker, Kristy Walker
2nd Edition
0077861728, 9780077861728
